... amid the administrative delays, the visit of the commissioner in October 2016 was called off.
Ukraine-Gazprom Arbitration Procedures
REUTERS/Gleb Garanich
Viktor Katona:
Will Ukraine be Gas Self-Sufficient?
Unlike Gazprom-EC relations, Naftogaz of Ukraine arbitration procedures against Russia’s Gazprom will be presumably completed without compromise from both sides.
It has been two years
that the action is being processed in the Arbitration Institute of the Stockholm Chamber of Commerce at the request of Ukraine to indemnify for expenses it ...
On August 9, 2016 a high level meeting between Presidents of Russia and Turkey took place in St. Petersburg. This crucially important summit was ... ... and Washington. The Kremlin’s foreign policy goes against Western interests in Ukraine and the Black Sea. The result is ongoing conflict in Eastern Ukraine and economic... ... used to export Russian gas to Southeast Europe. Nevertheless, due to the fact that Gazprom is conducting talks with European Commission (EC) to construct Nord Stream –...
... joint venture that would build the gas pipeline.
It is worth noting that Berlin repeatedly stated that one of the requirements for the completion of the Nord Stream 2 project was to
preserve Ukraine’s status as a transit country after 2019
. Gazprom had been voicing its desire to stop transporting gas via Ukraine for years. However, after June 2015, against the backdrop of intensive discussions on the parameters of Nord Stream 2, the Russian company
softened its position and agreed to continue supplying gas after the 2019 cut-off point
.
Despite all the rhetoric about European solidarity and the need to build a common energy policy, implementing the Nord Stream 2 project is about ...
... repayment. It introduced an advance payment regime for Ukraine starting June 16, 2014. “The decision was taken because of chronic failure of Ukraine’s Naftogaz to pay. The company is $4.458 billion in arrears on its payment for delivered Russian gas: $1.451 billion for November–December 2013 and $3.007 billion for April–May 2014,” a Gazprom statement read. Moreover, Moscow expects that Ukraine’s intransigence over the gas issue, coupled with the change of personnel at the European Commission (which took an openly anti-Russian position), would speed up the implementation of the South Stream project and ensure greater support for ...
